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$PLCE closed 2 stores and opened 2 stores in 2Q16, and ended the quarter with 1,064 stores. Square footage at end 2Q16 fell 2% to 4.967MM. International franchise partners opened 13 stores, and company ended 2Q16 with 123 international stores operated by its 6 franchise partners in 16 countries.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.